secwatch / observer
8-K filed May 30, 2023, 7:59 PM ET ticker ACRE CIK 0001529377
other confidence high sentiment neutral materiality 0.10

Ares Commercial Real Estate shareholders elect directors, ratify auditor, approve say-on-pay

Ares Commercial Real Estate Corp

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Ares Commercial Real Estate Corp shareholders approved Non-binding advisory vote on executive compensation at the 2023-05-25 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-05-25
Exact text from the filing
(3) A proposal to approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 21,095,016 1,135,522 505,118 17,225,613
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Ares Commercial Real Estate Corp shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2023-05-25 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-05-25
Exact text from the filing
(2) A proposal to ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. VOTES FOR VOTES AGAINST VOTES ABSTAINED 39,165,404 494,263 301,602
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Ares Commercial Real Estate Corp shareholders approved Election of two Class II directors at the 2023-05-25 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-05-25
Exact text from the filing
(1) A proposal to elect two Class II directors to serve until the Company’s 2026 Annual Meeting of Stockholders, and until their successors have been duly elected and qualify. VOTES FOR VOTES WITHHELD BROKER NON-VOTES William S. Benjamin 18,313,095 4,422,561 17,225,613 Caroline E. Blakely 18,126,896 4,608,760 17,225,613
View on SEC.gov

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Ares Commercial Real Estate Corp filing history →

Source: SEC EDGAR
accession 0001628280-23-020172
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